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How do you avoid boredom and stay focused?
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How do you avoid boredom and stay focused?

  #1 (permalink)
Learn to swim
Salt Lake City, Utah
 
Futures Experience: Intermediate
Platform: NinjaTrader, Tradestation
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Posts: 72 since Feb 2011
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How do you avoid boredom and stay focused?

At times during the day when there is not much movement or on a generally slow day such as today in the EURUSD, I find myself experiencing difficulty concentrating and being distracted by other things. Once I am distracted, I find it hard to refocus on the charts for long. Does anyone else have this issue and if so, how do you handle it?

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  #2 (permalink)
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  #3 (permalink)
Elite Member
western ny
 
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hunter548's Avatar
 
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Generous use of sound alerts.

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  #4 (permalink)
Elite Member
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Goldstone15's Avatar
 
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I read a good trading book so it keeps my mind on trading. That makes it easier to re-focus on my charts in between reading.

Before you attempt to beat the odds, make sure you can survive the odds beating you.
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  #5 (permalink)
Elite Member
In the heat
 
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Mechanical entries and sound alerts. Rest of the time watch TV, listen to music, talk to a trading buddy, read a book, do some exercises....done all of these and they all work.

The key is to not concentrate except during periods required by your system. I use a bar timer alert and I look at the chart when the timer alerts me, I make a decision then about what I am going to do, Short, Long or Flat. Most of the time its flat. If a level gets put in, I mark it. Other than this, I just do nothing.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #6 (permalink)
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liquidcci's Avatar
 
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Good advice above. I think the worst thing you can do is stare at screen when nothing going on. Boredom can lead to disasters when trading and much of the time it is boring. Causes you to do things you should not.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #7 (permalink)
Elite Member
Quebec
 
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trendisyourfriend's Avatar
 
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Similar thread here:
https://futures.io/elite-circle/21684-how-does-one-stay-focused-while-watching-charts-waiting-trade-setups.html

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  #8 (permalink)
Market Wizard
Bangkok
 
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I use this : Neuro-Programmer 3 - Innovative Brainwave Entrainment Software

Maybe a bit kooky but it does work to keep you focused.

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  #9 (permalink)
Normal Wizard
Sydney, NSW, Australia
 
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DionysusToast View Post
I use this : Neuro-Programmer 3 - Innovative Brainwave Entrainment Software

Maybe a bit kooky but it does work to keep you focused.

Hi, do you listen to their tracks before or during trading? (or both?) What track(s) do you find most helpful?

Understanding yourself is just as important as understanding markets.
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  #10 (permalink)
Market Wizard
Bangkok
 
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TickedOff View Post
Hi, do you listen to their tracks before or during trading? (or both?) What track(s) do you find most helpful?

I lost this program when I did an upgrade, never could get it back up.

I listened to it before trading and during trading. The one I used was the one intended for those studying.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
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